JO_GR111 Portland, OR Mon Jul 22, 2019 USDA Market News Pacific NW Basis Report: Morning soft white wheat, hard red winter wheat, dark northern spring wheat, corn and soybean basis for Portland delivery. All bids in cents per bushel. Bids are limited and not fully established in early trading. Bids for grains delivered to Portland, Oregon in dollars per bushel. In early trading September wheat futures trended two to 5.50 cents per bushel lower compared to Friday’s closes. Bids for US 1 Soft White Wheat delivered to Portland in unit trains and barges for July delivery for ordinary protein were not well tested in early trading, but bids were indicated as steady compared to Friday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. Bids for guaranteed maximum 10.5 percent protein were not well tested in early trading but bids were indicated as steady compared to Friday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for July delivery were not well tested in early trading, but bids were indicated as lower compared to Friday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. Bids for 14 percent protein US 1 Dark Northern Spring Wheat for July delivery were not well tested in early trading, but bids were indicated as lower compared to Friday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. Bids for US 2 Yellow Corn delivered full coast in 110 car shuttle trains during July delivery were not well tested in early trading, but bids were indicated as lower compared to Friday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. Bids for US 1 Yellow Soybeans delivered full coast in 110 car shuttle trains during July were not well tested in early trading, but bids were indicated as lower compared to Friday’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. Bids as of 9:30 a.m. Pacific time; Subject to change US 1 Soft White Wheat - delivered by Unit Trains and Barges Ordinary protein Jul 78 to 123 +U Aug NC 78 to 123 +U Sep 78 to 123 +U Oct 102 to 114 +Z Nov 105 to 116 +Z Guaranteed maximum 10.5 pct protein Jul 78 to 113 +U Aug NC 78 to 113 +U Sep 78 to 113 +U Oct 102 to 104 +Z Nov NA _ US 1 White Club Wheat - delivered by Unit Trains and Barges Ordinary protein Jul 78 to 123 +U Guaranteed maximum 10.5 pct protein Jul 78 to 113 +U _ US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or better) Ordinary protei 95 to 105 +U 11 pct protein 115 to 125 +U 11.5 pct protein Jul 125 to 135 +U Aug NC 125 to 130 +U Sep 125 to 133 +U Oct 115 to 125 +Z Nov NA 12 pct protein 130 to 140 +U 13 pct protein 140 to 150 +U _ US 1 Dark Northern Spring Wheat (with a minimum of 300 falling numbers, a maximum of 0.5 part per million vomitoxin, and a maximum of one percent total damage) 13 pct protein 55 to 59 +U 14 pct protein Jul 75 to 75 +U Aug NC 75 to 80 +U Sep 75 to 80 +U Oct 75 to 85 +Z Nov NA 15 pct protein 75 to 83 +U 16 pct protein 75 to 91 +U _ US 2 Yellow Corn Shuttle trains-Delivered full coast Pacific Northwest-BN Jul 95 to 95 +U Aug 98 to 100 +U Sep 100 to 103 +U Oct 95 to 98 +Z Nov 98 to 100 +Z Dec 103 to 105 +Z _ US 1 Yellow Soybeans Shuttle trains-Delivered full coast Pacific Northwest-BN Jul 75 to 75 +Q Aug 75 to 75 +Q Sep 65 to 65 +X Oct 70 to 70 +X Nov 75 to 75 +X Dec 60 to 60 +F _ BASIS REPORT SYMBOLS: January-F; February-G; March-H; April-J; May-K; June-M; July-N; August-Q; September-U; October-V; November-X; December-Z Source: USDA Market News Service, Portland, OR Niki Davila 503-535-5001 Portland.LPGMN@ams.usda.gov 24 Hour Market Report 503-535-5005 www.ams.usda.gov/mnreports/jo_gr111.txt www.ams.usda.gov/lpsmarketnewspage 8:41 P nd